US National Day of Mourning for President Carter – non-dealing day in this fund
Please note we are declaring an additional non-dealing day for this fund. A non-dealing day will be in place on Thursday 9 January 2025, with dealing resuming on Friday 10 January 2025. This is due to the US National Day of Mourning for President Carter, which will see the New York Stock Exchange closed for the day.
INVESTMENT OBJECTIVE
Fixed income investments made by the fund would incur losses if interest rates rise, so that redemptions made before maturity may result in losses to the investor. Please note that the estimated (as the case may be) performance of the fund does not protect investors from the effect of inflation during the period to maturity and therefore the actual performance (i.e. Discounting for inflation) could be lower or even negative.
THE INDICATIVE YIELD IS NOT GUARANTEED. The final yield could be different as a result of changes that may occur in the assets held in the portfolio or the market evolution of interest rates and issuers’ credit.
KEY DATES
| Initial offer period start date | 8 April 2024 |
| Initial offer period closing date | 20 May 2024 |
| Maturity date | 3 June 2025 |
ABOUT THIS FUND
- Disciplined repeatable process: Over 14 years experience in managing portfolios with specific yield and maturity targets. Our active approach, combined with a disciplined and repeatable process to monitor the evolution of portfolio risks, is designed to deliver to client expectations.
- Credit selection expertise: One global corporate credit team covering investment grade, high yield and blended solutions, fully leveraging our industry insights to enhance portfolio yields. We focus on avoiding defaults and downgrades, while identifying adequate compensation for risk taken.
- Portfolio risk optimisation: Quantitative analysis supports credit research, identifying price inefficiencies and harnessing signals from the markets. Co-ownership of risk between portfolio managers and analysts encourages accountability.
